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Twitter Slips As Investors Await Funding Details On Musk's $44 Billion Deal
Shares of the microblogging site were down marginally at $51.12, after rising 20% since Musk this week proposed to go ahead with the April bid of $54.20 per share to take Twitter private.
China's BYD Wins Five-Star European Safety Rating For Electric SUV
Oct 27, 2022 01:54 PM
BYD received a five-star Euro NCAP safety rating for its electric ATTO 3 crossover SUV.
Oil Jumps More Than 3% Ahead Of OPEC+ Meeting On Supply Cuts
Oct 27, 2022 01:54 PM
Oil rose by nearly $3 a barrel on expectations of a large cut in crude output from the OPEC+ producer group and as a weaker U.S. dollar made oil purchases less expensive.
Lyft Hikes Service Fee For Rides As Insurance Costs Rise
Oct 27, 2022 01:54 PM
Lyft is increasing the service fee its U.S. riders pay directly to the company to cover higher insurance costs.
As Carmakers Unveil New EVs, France Ups Subsidies For Poorer Buyers
Oct 27, 2022 01:54 PM
Renault and Stellantis unveiled new French-made electric vehicles (EVs) at the Paris Motor Show.
A Foxconn Tesla? Taiwan Tech Giant Targets 5% Of EV Manufacturing By 2025
Oct 27, 2022 01:54 PM
Foxconn said it hopes to one day make cars for Tesla as it ramps up EV manufacturing, in a strategy to diversify its business.
Apple Supplier Foxconn 'Cautiously Optimistic' About Q4 Outlook
Oct 27, 2022 01:54 PM
Foxconn said it was "cautiously optimistic" about its fourth-quarter revenue outlook after reporting record-breaking September sales.
Hyundai To Launch $5.5 Billion U.S. EV Plant, As New Law Dims Sales Outlook
Oct 27, 2022 01:53 PM
Hyundai will break ground on a $5.54 billion electric vehicle and battery plant in the United States, as South Korea's biggest automaker grapples with an uncertain outlook for its EV sales in its top market.
Oil Prices Ease On Chinese Demand Data, Stronger Dollar
Oct 27, 2022 01:53 PM
Oil settled lower in choppy trade as data showing demand from China remained lackluster in September and a strong U.S. dollar weighed.
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